Mini Ratna Category I

E926300

Mini Ratna Category I is a classification granted by the Government of India to high-performing public sector enterprises, giving them enhanced financial and operational autonomy compared to other PSUs.

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Statements (49)

Predicate Object
instanceOf Government of India scheme
PSU autonomy category
public sector enterprise classification
administeredBy Department of Public Enterprises, Government of India NERFINISHED
alsoKnownAs Miniratna Category I NERFINISHED
appliesTo CPSEs NERFINISHED
Central Public Sector Enterprises NERFINISHED
selected central government-owned companies
basisOfGrant compliance with Government of India guidelines
financial performance over a specified period
belongsToScheme Navratna, Miniratna and Maharatna classification scheme NERFINISHED
beneficiaryType profit-making CPSEs
classificationLevel intermediate level below Navratna
comparedTo other non-Mini Ratna PSUs
confers greater investment decision-making powers
greater joint venture formation powers
greater powers for entering technology alliances
greater powers for strategic business decisions
country India
criterion positive net worth
satisfactory performance record
sustained profitability
governedBy guidelines of the Department of Public Enterprises
grantedBy Government of India NERFINISHED
hasHigherAutonomyThan Mini Ratna Category II NERFINISHED
introducedBy Government of India public sector reforms
language English
legalStatus administrative classification, not a separate legal form
notAppliesTo private sector companies
state public sector enterprises
partOf Navratna and Miniratna CPSE classification system NERFINISHED
policyDomain public sector enterprise policy
policyObjective to incentivize efficiency in CPSEs
to professionalize management of CPSEs
to reduce direct government control over operational decisions
purpose to grant enhanced financial autonomy to PSUs
to grant enhanced operational autonomy to PSUs
recognizedBy various ministries of the Government of India
regulates limits and ceilings for capital expenditure by CPSEs
limits for equity investment in joint ventures by CPSEs
relatedTo Maharatna NERFINISHED
Mini Ratna Category II NERFINISHED
Navratna NERFINISHED
scope Central Government PSUs only
sector public sector
spellingVariant Miniratna Category I NERFINISHED
statusType autonomy status within CPSE framework
usedFor delegation of financial powers
delegation of operational powers

Referenced by (1)

Full triples — surface form annotated when it differs from this entity's canonical label.

NHPC Limited PSUStatus Mini Ratna Category I